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. japanese have woken up to something old and something new. the liberal democrats have ruled japan for decades. they spent the past three years in opposition. the lbp have won a strong mandate in the election for loretta house. the liberal democrats have long worked together with their partners in new komeito. they won 294 new seats, the new komeito, 31. together it gives them a two-thirds majority of the 300 ldps. prime minister of japan took back the leadership. all those seats will allow the ldp to push through their policies. even if the upper house rejects a bill, a vote by two-thirds of the lower house lawmakers can override that decision. the election ends three years in power for the democrats. the dpj had 230 seats coming into the vote. they held on to just 57. the restoration party won just 54 seats. they want to earn an alternative to the established parties. they are anxious to get back to the role they've held almost continuously since the 1950s. they talk about the ldp's policy plans and what this victory means. >> translator: it's not that voters are coming back to p
avoid a recession in q4. >>> and japan's business sentiment sours in the fourth quarter. this reading comes two days before a nationwide vote that suggests it will hand the ldp position a landslide win. >>> we're going to give you all the latest results from the flash december data for the pmi for the eurozone that we're just getting out. the overall, the deposit is a touch stronger for the month of december. the details show the manufacturing weakened slightly and its services strengthened slightly. they are overall still in negative territory. and we're seeing the euro/dollar respond a little bit to the downside. down about 0.01% trying to fight back into flat on the day. 130.75 is the level there. again, the services pmi is at 47.8. compared with the 47 that was expected. it's a five-month high. the manufacturing pmi, 46.1. the manufacturing all told, 46.3. that's a bit under the poll of 46.6. with more on the reaction to these figures, we have rob doddson with us. rob, welcome. it appears ta stronger services may be weaker on the manufacturing relative to expectations, at least, b
revenue for the government. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white ho
. 30,000 american troops are stationed there. japan is preparing for the launch as well, they are deploying service air missiles to shoot down anything that may enter its airspace. joining me now is gordon chang. you say that if this is all true, north korea has a very specific audience. who and why? >> the specific audience would be iran.e. who and why? >> the specific audience would be iran. north korea and iran have been conducting a joint missile development program for at least 15 years. in the beginning of september, they signed a technical cooperation agreement, just yesterday, the kyoto news agency reported that a facility close to the chinese border, they are there for nuclear weapons and missile purposes. we need to keep an eye on north korea's relationship with iran. jenna: not only because it is a weapon, but because it can carry a nuclear warhead -- do i have that right? can you explain it to her audience? reporter: sure. north korea has these weapons. but her rants iran is on the verge of getting them as well. they have had warhead testing, which looks like
are performing the way you would like them to be. and japan has been a risk. >> japan certainly, we continue it see a lot of problems economically in japan. though we are heartened by announcements that have come out politically that would affect the monetary policy. we expect mormon tarry policy going forward. we think broadly of markets like china and brazil. these are markets that started to increase monetary easing. that have started to restructure their economies and certainly we think china has avoided very nicely a hard landing and will be back for growth track next year. >> talk to me about getting yield. that what everybody want right now. how are you doing it? high yield or investment grade securities or where? >> we are underweighted and they don't provide much of a yield these days. they are on high yield and we've had a barn burner of the year with high yield. we still think you can get high digit returns in 2013. and we are looking at global infrastructure in real estate as providing a nice sustainable yield for investors. >> the big debate down here for the past couple of days
and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn around. and lost five seats and the legislature. >> you can look for all the conspiracy's you want. the fact is that michigan was adjusting to exactly the reality that evan isalking about, globalization. i think was glory days for the unions 94 is, 1950's, 1960's, when the rest of the world was devastated by the second world war, we had a monopoly and, yes, great benefits to it the problem is that when you have global competition, you are uncompetitive. detroit went bankrupt but the southern transplants did not. here is the tragic choice. in the right to work states, wages are 10% lower. unploynt is also 10% lower. here
to shoot it down. they wanted to fool japan. they succeeded. >> and it certainly does strengthen the new young leader kim jong-un domestically. >> absolutely. they have been trying since 1998 to launch a long-range missile and they failed in the previous four attempts. they succeeded in this. it's not a rocket that can deliver a major warhead. there are marriajor hurdles to >> they have done in north korea where a lot of people are starving what south korea has been unable to do. >> by choice, actually. >> they haven't launched a satellite into orbit. >> south korea has not. this will undoubtedly spur competition with south korea. you'll see that. you'll probably see south korea respond with more batteries and japan will probably already do that. you have heard that we need to spend more. we spend $10 million a year already on a missile system. it has international ramifications that are going to destabilize. this is why the security council is condemning the move. >> so how much of a real threat to the united states, whether hawaii or the west coast, is this? >> we are not threatened an
cardiac arrests in japan and found 46% of the hands only group were alive one month later compared to 40% with traditional cpr and hands only cpr led to 41% having good brain function compared to 33% with the traditional cpr. cpr keeps blood flowing to the heart and brain but many by standers are afraid to jump in. the hope is that more people know they can do hands only, they will be less likely to be hands off. >> now the american heart association is talking about hands only cpr so there should be no hesitation. >> reporter: hands only cpr is easy to do. and if you forget the rhythm, just sing. >> ha, ha, ha, staying alive, staying alive... >> reporter: now, stayin' alive is the equivalent of 100 beats per minute and that makes it ideal for hands only cpr. if you aren't a fan of the bee gees, you can also use queen's another one bites the dust which is also 100 beats per minute. kim mulvihill, cbs 5. ,, ,,,,,, ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health
for david? >> well, no. i want to talk about japan. i know our audience is carrying a lot more these days about the fiscal cliff, but we've got another cliff of sorts coming up in japan, the electrics sunday. everyone is expecting that abe follows in the footsteps of mr. draghi and europe and mr. bernanke here in the u.s. we can more yen printing, that weakens the yen. maybe american investors can make some money in japanese stocks. i'd be curious where you think the election is going. does it matter? >> i think the world has more possibility that your pen might change course as far as monitoring fiscal policy after the elections. but the japanese realize when you play with fire, you might end up burning down the house. jgb's nine times tier one capital, if they're not careful, they can trigger a run on jgb and the house base comes tumbling down. so i think actually the next government is tokyo will be a lot more cautious. i think the market is -- >> so we can get another huge disappointment. so everyone thinks the dollar/yen is finally going to go up, you can make money on the yen short
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on the national economy. these two ports have a 44% of the nation's sea cargo. it includes cars out of japan and china. john fund, coauthor of the book "who's counting." you want a raise? you want a clerical worker? the money is pretty good. $87,000 a year. $105,000 with a compensation package. one of the top u.s. blue collar jobs. >> the outrageous thing about this strike is this. the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their position and the union said no. these clerks basically still use paper invoices to make sure the cargo moves clearly. a lot of that can be automated. these jobs, $165,000 are apparently forever. as a result of that we had this unnecessary strike and it cost a billion dollars a day and the price of toys may go up on christmas. >> this was not about benefits, vacation or pensions or salary. it was about the job of these clerks monitoring the port car go and their jobs are going to be guaranteed for life. but they wouldn't be allowed to replace th
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attackers were killed. they never made it on to the base. >>> in japan rescuers found 5 charred bodies inside a collapsed tunnel. it collapsed last night sparking a fire. when they entered the tunnel they found panels crushed two vehicles. it sits on a major roadway. >>> still to come, a recap of today's top stories, including a look at bay area river levels and a live report from napa coming up. >> rains were too much for this small creek, neighbors were forced out, that story next. >> and an east bay driver learns about the dangers of standing water. look, the very hard way. and the ktvu ipad app is ready to download. watch newscast lives, traffic, bay area weather and video of breaking news, anytime, anywhere. you know how much grandma wanted to be here for your fist christmas? you see grandma lives waaaay down here, and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] b
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homes. some weather stations reported hottest november days on record. japan. it's a holiday cake you and your dog can eat together. a pastry chef is baking the treats in tokyo. his recipe use as special pet friendly flour and leaves out chocolate and alcohol. some of the cake costs more than 70 bucks a slice. that's a wrap on this fox trip around the world in 80 seconds. >> i'm shepherd smith. this is "the fox report." bottom of the hour, time for the top of the news. president obama says he won't let critics of the u.n. ambassador susan rice keep him from nominating her for secretary of state. he claims so far he hasn't chosen anybody to replace secretary of state hillary clinton. but he says ambassador rice has done a great job at the u.n. and it will be his decision. >> i don't really spend a lot of time on, you know, what folks say on cable news programs attacking highly qualified personnel like susan rice. >> shepard: well, some republic senators say they cannot support ambassador rice right thought because of her comments five days after the attack on the outpost in benghazi. t
, china number one followed by japan, bril disa, -- brazil, a assistant third. the cliff negotiations, speaker boehner's offer of a tax rate hike for those making more than a million a year, and speaker boehner reportedly also willing to postpone the debt ceiling issues for at least a year, unclear how. white house aides cite it as progress. joining us lou lehr man, american historian, and great american. >> great to be here always, lou. lou: this is wonderful to watch. the equity market responds at just the suggestion that the two men are actually talking, if talking by one another. what are your thoughts? >> well, the fear and trem ling -- trembling that's spread all over the country and the world about american falling off the cliff, and thus a recession in the united states, the biggest economy in the world, can cause a temporary spurt in activity; however, it shouldn't be forcen freeding this was the federal reserve's qe4 announcement, a trillion dollars in a single year, recreation of new money, money makes it go. lou: you are suggesting that a lousy extra $45 billion a month fr
markets in the world and found no statistical correlation. you look at japan, for example, which has tremendous video game consumption, and they play all of the games that we do and they don't have the violence that we have. >> stephanie: yes, that's absolutely true. the gun laws i think is the biggest piece, mental health is the biggest piece, but we can't sit here and say the last several of these mass shootings -- >> i think addiction is really strong. we don't know that there's an addiction to violent video games -- >> some people do sit there and play them for 12 15 hours on end. >> yeah. we don't have that information about adam lanza. i think that that's a stretch. and i think it's very dangerous to make those sorts of assumptions, and if you have a mentally disturbed individual who makes a life choice, you have to look at the dauseey of that person. >> stephanie: joe lieberman said the violence in the culture, particularly with the real them of videos does have a correlation -- >> and then you have to take all of the quentin tarantino movies off t
and growing. growing in the suburbs. that's the latest trend in poverty. >> i'll give you an example. japan. i lived in japan five years and they had a very good early childhood education program. there's very limited class difference and i think that that has worked pretty well and, you know, bringing, everybody prepared to participate in the labor force. >> just bring this up, again, i think there are some people who don't watch the show regularly, but, of course, they heard that nick was coming on and like one direction. >> you should see my twitter, it's going wild. >> nick crikristof is on, my far was unemployed in the 1970s and $40 in mississippi, once a week, allowed him to buy groceries for his kids and put a tank of gas in the car. so, these programs, there are extremes and there are problems, but mike said, this won't break the country, but certainly destroying lives. >> there are, you know, blind kids who desperately need their families at home and that support makes a huge diffdiffer. the problem is when you have much more ambiguous situations and parents think they can gain the cy
is going on in north korea, south korea, and japan. what does that prove for the administration? guest: you can put north korea in the same category as japan and south korea. they have taken power and have produced leaders but are still checked by the open society and by the democratic political system. kim jong un is the son of kim jong il who died about a year ago. to say he is a hawk misses the point. he is a tyrant. he continues to sell arms to countries like iran and build their nuclear program. host: south korea and japan -- any specific challenges? guest: the main challenge for the korean peninsula is that at some point north korea is going to collapse. it is already a basket case country. will you have the kind of transition you had in germany? today germany is to lay prosperous country. will south korea consider the north koreans to be their cousins and brothers? there is a huge disparity at this point. you can see the physical difference because of the questions of nutrition and the way they are raised. is a total state based on fear. the challenge is to figure out how to absorb w
, they don't have these same shoot problems. if you like at japan, they have the most vicious, violent video games of anybody, and they don't have these issues. they don't have a murder rate. >> guess what? tell your hollywood friends, we got hundreds of millions of guns on the street. we ain't japan, so you fight the war on the battlefield before you and the battlefield before us is there is easy access to guns. there will be easy access to guns regardless of what gun safety legislation. >> to parents while i still have control, because you lose it as they get older, don't let them do it. find something else. it's hard. it's easier said than done because a lot of kids sit there for hours and it's their baby-sitter, but no. >> steve, i understand that's not your position, but i'm hearing this a lot of from people in hollywood. no response. quentin tarantino was unbelievable incense it actisen. what a total jackass. left wingers say i want to -- there's a slippery slope on first amendment rights. >> it's always a mistake to do exactly what you want to do when in this kind of situation. you ha
. ♪ a powerful, fuel-efficient engine, but it's not from japan. it's a car like no other... from a place like nother. introducing the all-w 2013hevrolet malibu, our greatest malibu ever. ♪ >>> we're back with senators mark warner and kelli ayotte. final wrap-up question. do you both agree with the following? this deal has to happen and this deal will happen before the end of the year. >> it has to happen, candy, and i truly hope that it does happen, and -- but i'm really disappointed by the president's initial proposal, and i think that we've got to get beyond, you know, the tax rate issue. i just want to say one thing. republicans have offered closing loopholes, deductions, or capping deductions. there's more revenue there. the tax rate issue is more of a political proef. it's time for us to get to the table and resolve it. i think there's some will, though, among both parties to get this done. >> i hi it will get done. quite honestly, fwegt this done will do more to jump-start jobs and the economy than any single policy proposal that either governor romney or president obama put out durin
special forces. >>> in japan, seven people are missing after a tunnel collapse. about 150 concrete panels fell from the roof of a major highway tunnel. rescue efforts have been hampered by heavy smoke after one vehicle caught fire inside the same tunnel. >>> and the game between the kansas city chiefs and the carolina panthers is being played right now. all of this despite the tragedy at the chiefs arrowhead stadium when linebacker jovan belcher killed himself in the parking lot after killing his girlfriend. >>> as the country edges closer to the fiscal cliff, both sides are digging in their heels on a major sticking point. tax rates for the wealthy. treasury secretary timothy geithner making the rounds on the sunday morning talk shows today, and once again, made it clear that white house will reject any deal that does not let the bush tax cuts expire for high earners. >> if republicans are not willing to let rates go back up, and we think they should go back to the clinton levels, at a time when the american economy was to be exceptionally well, then there will not be an agreement. >> jo
ask you about some other stuff. japan rising. europe stocks doing very well. china stocks having a bit of a comeback year. in other words, as a global guide, there are options to playing this fiscal cliff game here in new york. >> absolutely. you don't have to just trade the s&p 500. i mean, look at tonight, you're seeing australia up a third of a point. the japanese yen is doing very well. look at hong kong. if you want to take what the federal reserve did and apply it internationally, look at hong kong. their monetary policy is pegged to what the federal reserve does. but they have an inflation issue and their economy is tied to china. so if you buy something like ewh, the hong kong etf, all those stocks are priced in hong kong dollars. if the hong kong dollar is repegged, the ewh will go up as much as the repegging. >> what does that mean for the u.s. market? where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately,
-efficient engine, but it's not from japan. it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ >>> welcome back to "the ed show." our next guest has a long history with the state of michigan. >> hi. i'm michael moore. in my hometown of flint, michigan general motors closed the factories and put 30,000 people out of work. to raise their spirits i made this movie. >> the protests we've seen in michigan lately probably got his attention. >> right to work is wrong! right to work is wrong! right to work is wrong! >> right to work is wrong! >> right to work is wrong! >> let's bring in academy award-winning filmmaker michael moore, who was born and raised in the great state of michigan. michael, good to have you on "the ed show." appreciate it. >> thanks for having me here, ed. >> is your blood boiling over this? >> well, yeah. i've been in a bit of a rage the last couple of days. my uncle was in the sit-down strike in flint 75 years ago this year. uncle vern. and our family and all the families of people i grew up with
, fuel-efficient engine, but it's not from japan. it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ >>> a meteorologist in louisiana loses her job after defending herself on facebook. rhonda lee joins me with her story. we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >>> and we are back. a handful of republicans are playing politics with the victims of hurricane sandy. they're refusing to fund disaster relief unless democrats offset the spending. these republicans probably didn't attend the 121212 concert last night. stars like bruce springsteen, bon jovi, and the rolling stones helped raise more than $35 million. now congress needs to do its part. the president is asking for $60 bill
. breaking news now from the asian markets. japan's nikkei rising to its highest level since march of 2011. 21-month high. hope for actions from the central bank there. year-end bonus for big labor. national labor relations board stripped more protection for workers that don't want their monday wrip spent on politics. you don't knowones are yielding huge power in another way as the clock is ticking on the threatened strike that could shut down every port from maine to the texas gulf coast. once again, unions versus capitalism. here now is vincent, director of labor policy. good to have you here, vincent. >> thanks important having me on. >> so -- do i understand this correctly? if you are in a state that doesn't have right-to-work laws, you join a company that has a union shop and you have to pay dues and join the union. the money you spend on politics, i don't have to pay for that. has that changed now? is that something the labor relations board has done. make it a lot tougher to say i don't want to pay that. >> it has. one more example of the national labor relation board putting union
. >> they have them in japan too. >> no. >> how many people know their teachers and their teacher's guards well enough to arm all of the -- even if it was -- >> gun violence doesn't always come to school, so if we look at -- >> what? >> if we go by his logic, then we would have to have armed guards at temples and shopping malls, every one of them. now some do. of course, movie theaters. if we really want to prevent gun violates, we would do that. secondly, we did have an instance of violence where there were armed guards. it was fort hood. it happened. thirdly, what he is advocating is incredibly anti-conservative. he wants a massive expansion of government. he wants essentially a tsa in every school. salon, i think, did a calculation of the cost. it would be $5.5 billion a year just to put people in schools. i mean, this is just a radical -- >> the national database of mental health -- >> so the idea that this is a practical solution is silly, and i am surprised that he went on air and did this because i have been talking with a couple of people on the hill, and our expectation was they would
. well, i'm asking you, are you a jap? i said my father was born in japan, my mother is japanese, i suppose that makes me one. >> we don't cut jap here. i was so tempted to strike him. but then i thought if i had done that, all the work that we had done would be for nil. so i just looked at him and i said i'm sorry you feel that way. and i walked out. >> he just walked out. sena the senator showed great courage on the battlefield and he showed great courage facing injustice at home. he rose above pettiness. that may be his true greatness and we shall all honor it. may he rest in peace. thanks for watching. i'm al sharpton. "hardball" starts right now. >> battle lines. let's play "hardball." >> good evening, i'm chris matthews in washington. let me start with this. it's five days until christmas, 12 till new years and the battle lines are drawn. the trenches have been dug. the president has made his promise and intends to keep it. that promise is fairness. he cannot go along with any republican deal that protects the wealthy. he will risk the cliff to keep his promise. if it comes to
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, but it's not from germany. ♪ a powerful, fuel-efficient engine, but it's not from japan. it's a car like no other... from a place like nother. introducing the all-w 2013hevrolet malibu, our greatest malibu ever. ♪ >>> well, movie producers trying to get their film an oscar nod better kick their pr efforts into high gear. nomination ballot are tuchdu due january 3rd. grae drake is here to make some predictions and so everybody has been talking about "argo" but there could be some sort of surprises, come out of nowhere movies. what's going on? >> this is the time of year where hollywood is all abuzz, and you can sit in a restaurant and hear something whispering about the new movie that's going to get a nomination. i think first and foremost, most of these movies aren't out yet for people to see, but keep a close eye out. starting with "the impossible." this is a movie starring naomi watts and ewan mcgregor. a family, a true story. they went to thailand two days before the tsunami, and the movie is aptly titled because it's impossible not to lose your mind crying during it. the filmm
on the planet. the top four healthiest countries for men are japan followed by singapore, swins land and spain. the u.s. is tied with norway for 29th place. japan tops the list for women, followed by south korea, spain, and singapore. u.s. women finished 33rd in the tie with astona. >> we have to get ahead of astonia. >> all right. barbara streisand talking romance and politics with piers morgan. the hollywood icon says she's never been in love with a republican and never could be. she's a big president obama supporter and says the one thing that makes her proudest is his support for women and barbara streisand has a particular woman in mind to succeed the president. >> well, we're one of the last countries to ever think of having a woman be president. but i think that's possible now. but it wasn't years ago. >> do you think hillary is likely to run? >> i don't know but i hope after a four-year rest that she would run because she would be a great woman president. >> piers asked barbara streisand to name the greatest actor she's ever seen. her answer, marlon brando. good pick. >> i would say so
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in a museum in japan. the museum agreed to return it to italy after hammering out a joint custody agreement. >>> well, when we come back, the pictures that caught our attention. don't miss that. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ have led to an increase intands toclinical depression.re. drug and alcohol abuse is up. and those dealing with grief don't have access to the professional help they need. when you see these issues, do you want to walk away or step up? with a degree in the field of counseling or p
in japan. the president was going to one of these economic things in philippines and india. darmin calls baker. he says, jim, the president is going to love this bill. he is gone to love it. just tell him to shut up. his friends are not gone to let this bill. there want to get to him. don't say anything until you can fully brief him. that is the way it happened, and that was the past as question of the process. >> that was the process in 1986. can that happen this day? >> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. it is interesting we're not fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the hand in this struggle. restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for pre
central bank. that's not fannie and freddie- like but still has a government backdrop. japan, australia, rbs is part of their markets. that gets you back to where the u.s. is now. you have an outstanding mortgage stock in the united states. some of this data is a little bit dated from 2012. but it gives you some snapshots about where the delinquencies are. something like a quarter have an underwater nature to the mortgage. there are still some challenges outstanding in the markets. where is the credit going to come back into the system outside of the fanny-freddie model? there are lots of calls. you hear from jeb hensarling. fannie and freddie and the fha have to be drawn back in some way. how do you do that? this provides at least some of the basic high points of where is it that the private capital is going to come from. if you have a pension fund, you put that money into the u.s. housing stock market. do you lend that to borrower? do you want to loan money to uy a house?% to by hous the government may be doing that. the private markets say they will put the money somewhere else. kind
into intensifying nationalism. there could be military clashes any day between china and japan of violence. the whole region is becoming more tense. after we leave afghanistan, i think the problems in the region will slide northward to central asia. that will involve in different ways china, russia and india. we have a crisis on our hands in syria. we have pressures to go to war against iran. these are the kind of issues that really need attentive leadership from the secretary of state that is intensely interested in them and has the kind of experience and global background that is needed for that kind of job. >> i just want to add to the list the recent north korea missile test, rocket test, aka, a missile test, and the close collaboration between north korea and iran. iran is pretty advanced on miniaturizing nuclear warheads. and north korea is very advanced on missiles. and if that collaboration continues, we may have a very serious confrontation. >> and so there's no island of stability out there in this from north korea all the way into africa. and a lot of the intel people say that t
independents. that is tonight at 8:00 on c- span's today." >> we had to make plans for the invasion of japan without the atomic bomb. we thought it would cost 700,000 men, 200,000 to be killed and 500,000 to be named by life. >> as truman's grandson, a choose to honor both, both the sacrifice of american servicemen fighting their way through the pacific and of the little girls who died as a result of the atomic bomb. it is unimaginable what that most of them like to be close to the center where that fireball originated in the blast was strongest. >> follow clifton truman daniel on his journey to hiroshima. grandsondent's eldest joined us in washington to discuss meetings with bomb survivors and the inspiration for his trip. that is on c-span 3. "washington journal" continues. host: our topic is the fiscal cliff. as we have done for the past several sundays, we will come joshua gordon and stan collender. thank you for coming back. stan, as we stand on the edge of the fiscal cliff, is there any chance we do not go over? guest: is pretty small. we are relying on a set that has been dysfunctiona
voted for rug declaring war on japan and germany. back to present-day politics, we now know that the u.s. supreme court plans to dive into one of the most talked about and emotional issues of our age. whether same-sex couples have the right to marry. the high court is taking on two cases, one involving the federal defense of marriage act, or d doma, and another involving california's proposition 8, banning same-sex marriages in that state. for analysis into these historic cases, what's going to be a historic hearing, i want to bring in kinji yoshityoshito, professor of constitutional law at new york city. great to see you. >> good to see you. >> put prop 8 aside for a second. do you believe that the supreme court will strike down doma. this is what what you've said. walk me through your thinking on that one. >> y bet. so doma is a really narrow challenge insofar as what the statute does is it says for federal purposes marriages are defined between one man and one woman. so i think it might be best to clarify this by example. so you take edie windsor, a plaintiff coming out of new york
, there, joe. japan has another new prime minister. he was elected today by the japanese parliament as the country's seventh prime minister in six years. he had resigned in 2007 after just a year on the job triggering the revolving job of prime ministers. he wants to defend japanese interests especially territorial disputes with china. >>> and at least one person was killed and dozens more are seriously injured from an explosion and fire in a nigeria marketpla marketplace. the flames spread quickly and triggered a stampede which caused a number of injuries. >>> and police say andrew jones faces battery charges after a christmas morning domestic dispute with his wife. he posted bond several hours later. jones played for the atlanta braves from 1996 through 2007. and then he bounced between teams until recently when he signed a one year contract with the japanese team. and no surprise here, "les miserables" opening was far from miserable. it grossed $17.5 million on its one day holiday debut. and not far behind, quinn ten tarantino's film with just under $11 million. so it sounds like
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